Moniepoint Inc., a Nigerian business-banking unicorn, has completed its acquisition of a 78% stake in Kenya’s Sumac Microfinance Bank, ending a multi-year effort by the Nigerian fintech to secure a foothold in East Africa’s largest economy.
The deal was finalised on Thursday as executives gathered for a reception in Nairobi’s Westlands area. It provides Moniepoint with a…
Headlines Newsletter
Subscribe now for weekly top news headlines roundup, delivered directly to your inbox.
THANK YOU FOR SUBSCRIBING!
Something went wrong.